There was an interesting piece in yesterday's FT about FSA concern over mortgage brokers scoring mortgages for people with less-than-perfect credit histories. Concern is that the "sub-prime" category (aren't these terms ugly?) can extend to people with serious debt issues (bankrupts or people with county court judgments against them)... and yet it's increasingly popular with investment banks, because the terms make it more profitable. The concern is that, with home repossessions on the rise, it might not be a great time for risky mortgages to be the number one growth area. More here.